4 Bed Terraced House, Refurb/BRRR, Middlesbrough, TS1 3EB, £120,000





ValuationOvervalued
Sold Prices | £60K - £194K |
Sold Prices/m² | £612/m² - £1.7K/m² |
| |
Square Metres | 86 m² |
Price/m² | £1.4K/m² |
Value Estimate | £102,000 |
| |
End Value (After Refurb) | £100,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £4,800 |
Refurb Costs | £33,935 |
Bridging Loan Interest | £3,150 |
Total Cash In | £73,635 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £100,000 |
Mortgage (After Refinance) | £75,000 |
Mortgage LTV | 75% |
Cash Left In | £73,635 |
Equity | £25,000 |
Rent Range | £282 - £2,000 |
Rent Estimate | £745 |
Running Costs/mo | £482 |
Cashflow/mo | £264 |
Cashflow/yr | £3,162 |
ROI | 4% |
Gross Yield | 7% |
Local Sold Prices
25 sold prices from £60K to £194K, average is £122K. £612/m² to £1.7K/m², average is £1.2K/m².
Local Rents
50 rents from £282/mo to £2K/mo, average is £700/mo.
Local Area Statistics
Population in TS1 | 16,984 |
Population in Middlesbrough | 189,245 |
Town centre distance | 2.05 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.57 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +32% |
Property History
Listed for £120,000
January 11, 2025
Floor Plans

Description
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